Toledo, OH
Population 268,461 · Ohio
About Toledo, OH
Toledo is a major city in Ohio with a population of 268,461 residents. The median household income is $47,532 per year, which is below the national average. The median age in Toledo is 35.7 years.
Housing in Toledo has a median home value of $107,000 and median monthly rent of $880. Of the 133,195 total housing units, the majority are owner-occupied, with 62,502 owner-occupied and 56,006 renter-occupied units.
The unemployment rate in Toledo is 8.5% and the poverty rate is 24.5%. 21.0% of residents hold a bachelor's degree or higher. The average commute time is 19.9 minutes.
How Toledo Ranks in Ohio
Cost of Living in Toledo, OH
Compared to national averages, Toledo has a median household income of $47,532 (37% below the national median of $75,149). Home values average $107,000, which is 56% below the national median. Monthly rent at $880 is 24% below the US average of $1,163. Within Ohio, Toledo's income is 34% below the state average of $71,814, and home values are 39% below the state median of $174,449.
Why Live in Toledo, OH?
Toledo offers affordable housing with a median home value of $107,000, below the US average of $244,900, and rent that’s lower than the national average at $880/month, and short commute times averaging just 19.9 minutes.
Potential considerations include median household income ($47,532) that falls below the national average. However, as a major city, Toledo provides access to a wide range of amenities and services.
Toledo has a population of 268,461 with a median age of 35.7 years. Compare Toledo with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Toledo
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cincinnati | 309,595 | $51,707 | $215,300 | Compare |
| Akron | 189,526 | $48,544 | $111,200 | Compare |
| Cleveland | 367,523 | $39,187 | $94,100 | Compare |
| Dayton | 136,741 | $43,454 | $93,200 | Compare |
| Parma | 80,131 | $67,425 | $157,600 | Compare |
| Canton | 70,105 | $39,754 | $94,400 | Compare |
| Lorain | 65,207 | $45,799 | $123,500 | Compare |
| Hamilton | 63,124 | $54,293 | $152,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Toledo
What is the population of Toledo, OH?
The population of Toledo, OH is 268,461 according to the latest Census data.
What is the median household income in Toledo?
The median household income in Toledo, OH is $47,532 per year.
What is the median home value in Toledo?
The median home value in Toledo, OH is $107,000.
What is the average rent in Toledo?
The median monthly rent in Toledo, OH is $880.
What is the unemployment rate in Toledo?
The unemployment rate in Toledo, OH is 8.5%.